200
200
Feb 9, 2013
02/13
by
BBCPARL
tv
eye 200
favorite 0
quote 0
and then take it what with which the state by city and play the game. we'd love to help or to hear from that that too much to clean up. well they vary enormously. how i think you can think that. first of all those red lines are not. current play defense because the whole process of for the treaty change has to begin. secondly red lines also move even though them and they wreck. even in including europe in the give charity. and there was a lot of support i was pointing out earlier for that kind of a rethinking the kind of new thinking the prime minister is presenting to the europeans to come so i don't think any country is really taking the position that. they have such a red line they want britain to leave european union. challenges to succeed here and the whole idea of the single rocket. we we looked at that and some of the think about it it's ready doesn't see a free trade area. very think that it's hard to have to make the people the facts that should see if we cannot come to the malaysian part of education for fourteen point four five percent increa
and then take it what with which the state by city and play the game. we'd love to help or to hear from that that too much to clean up. well they vary enormously. how i think you can think that. first of all those red lines are not. current play defense because the whole process of for the treaty change has to begin. secondly red lines also move even though them and they wreck. even in including europe in the give charity. and there was a lot of support i was pointing out earlier for that kind...
83
83
Feb 26, 2013
02/13
by
CNBC
tv
eye 83
favorite 0
quote 0
today's "wall street journal" questions the big bonus citi paid lew. sounds a lot like revolving door crony capitalism. that's right. back with us now is mike ozanian, steve mcmahon, and kay bailey hutchison. mike, i don't know this guy. i don't know. i don't know why nyu had to give him a special severance payment. he left voluntarily. i don't know why citigroup had to give him a bonus. he went to the federal government. the stipulation was if you go work for the federal government, we will guarantee you a bonus. not if you go work for the red cross or a non-profit. this sounds to me like crony capitalism revolving door. >> you know what? i have so much respect for tim geithner, that to me this seems like such a downgrade. it's very disturbing to me. it bothers me even more than the nomination of chuck hagel. it just seems like the president is totally disengaged. no one vetted this guy. it's just crony capitalism, as you said. and the president spoke so vehemently for so long that this was something he was going to put a stop to. >> that's a key poin
today's "wall street journal" questions the big bonus citi paid lew. sounds a lot like revolving door crony capitalism. that's right. back with us now is mike ozanian, steve mcmahon, and kay bailey hutchison. mike, i don't know this guy. i don't know. i don't know why nyu had to give him a special severance payment. he left voluntarily. i don't know why citigroup had to give him a bonus. he went to the federal government. the stipulation was if you go work for the federal government,...
167
167
Feb 23, 2013
02/13
by
CNBC
tv
eye 167
favorite 0
quote 0
you're up here, you're on the radio, you're in new york city. what does this thing look like you to? >> well, i hate to disagree with you. and i hate to have to defend the president here. but for you to say that president obama came one a bad program, the sequester thing, is one of the few plans he's ever come up with that i like. and any cabinet member that cannot make a cut of 1.25% should immediately step down. he's not capable of managing if he can't make those cuts in a reasonable and rational way. this is the same game we always play. when you have to make a little cut, you claim we have to cut food safety, we have to cut airline security. you absolutely don't. there's enough waste and bloating you could make reasonable cuts. >> this is obama's plan. and this is a good thing. this is like the drones. i like the drones and i like the sequester. but he's disowning the sequester. >> but they let him get away with it. we've got to make this clear. this is obama's plan. he designed it. he created it. >> republicans also back the sequester. they
you're up here, you're on the radio, you're in new york city. what does this thing look like you to? >> well, i hate to disagree with you. and i hate to have to defend the president here. but for you to say that president obama came one a bad program, the sequester thing, is one of the few plans he's ever come up with that i like. and any cabinet member that cannot make a cut of 1.25% should immediately step down. he's not capable of managing if he can't make those cuts in a reasonable...
147
147
Feb 12, 2013
02/13
by
CNBC
tv
eye 147
favorite 0
quote 0
that's coming up in just a few moments. >>> and the mayor of london boris johnson says the city will remain at the heart of europe's financial services industry. >> i think that london and the uk will remain for our lifetimes the economic financial powerhouse of the european union. i don't think that there's going to be any change in that. it's inevitable after the shake up that we've seen in the last few years that there will be downsizing in some of these banks but that doesn't mean that you won't continue to see huge number oefs people employed in financial services in this city. this place, london, has the right time zone, it has the right combination of skill, it has the right language to be the best place on earth in which to raise capital in the global economy. >> and the situation surrounding greece and cypress has taken center stage at the euro group talks. silvia wadhwa call up with olli rehn and asked him just what was decided on cypress. >> we have plenty from cypress on the bond program for cypress could be taken in the course of the much. and the other things to watch t
that's coming up in just a few moments. >>> and the mayor of london boris johnson says the city will remain at the heart of europe's financial services industry. >> i think that london and the uk will remain for our lifetimes the economic financial powerhouse of the european union. i don't think that there's going to be any change in that. it's inevitable after the shake up that we've seen in the last few years that there will be downsizing in some of these banks but that doesn't...
357
357
Feb 12, 2013
02/13
by
CNBC
tv
eye 357
favorite 0
quote 0
for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million visitors to the u.s. the department of commerce expects us to hit 4 million by 2017. one of the big areas of growing is chinese students flying to the united states to see their famous university. these tours are arranged for the thousands of students every year. >> chinese people attach great importance to education and they are very willing to spend money on it. >> it's so cool. if i can be that student of howard university. >> i would like to attend harvard, but i have no idea whether i have the ability to come here because it's a really great school. >> we have to recognize american higher educa
for this year, the snake, both of those cities, plus san francisco are the most popular. chinese travelers are going for the shopping. luxury goods and gadgets are for the price. they're going to the bragging rights so they can tell their friends that they've seen hollywood or been to the exotic hollywood. back to you. >> thank you, eunice. >>> this is a chart of the chinese tourism over the last ten years to the united states. it is up 600% since 2013. there are now 1 million...
274
274
Feb 12, 2013
02/13
by
CNBC
tv
eye 274
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details over there. at this point, where the stock is, we think he'll address two things. strategy and products. they said they're actively looking at the cash balance. we expect them to increase dividends and have more buybacks. we think he's not going to get into details, but they're going to indicate their willingness to do that. on new products, they'll definitely talk about new products before the actual launch. but i think he's going to talk about the confidence in the new product pipeline. >> do you think that tim cook's playbook will change a little bit, given the pressure that he might be feeling from sharehold
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> only 25 minutes before tim cook addresses the goldman sachs technology conference. we'll break down what we can expect to hear from cook and what does it mean for apple stock today. great to see you. >> hello. >> what are you expecting to hear from cook today? >> yes. he's going to speak at the conference and we don't think he'll get into too much details...
120
120
Feb 18, 2013
02/13
by
CNBC
tv
eye 120
favorite 0
quote 0
and is the city of new york city takeout in jeopardy? we look at the newest edition on michael bloomberg's list of banned substances. as we take a break, look at how the stock market ended the week. back in a moment. >>> for more on our show and our guests, check out the website otm.cnbc.com. i hope you'll follow me on twitter and google plus, look for me @mariabartiromo. >>> first, here's a look at the stories coming up in the week ahead that may move the markets and impact your money this week. >>> monday is president's day. stock market and banks are closed for the holiday. following that, earnings are out from walmart, hewlett-packard and dell computer. by the way, that could be the company's last earnings release before going private, that's dell. wednesday we'll find out the number of new residential units that began construction last month, as well as what happened behind closed doors at the last meeting of the federal reserve open market committee. the minutes from that meeting are out on wednesday. on thursday, realtors will rep
and is the city of new york city takeout in jeopardy? we look at the newest edition on michael bloomberg's list of banned substances. as we take a break, look at how the stock market ended the week. back in a moment. >>> for more on our show and our guests, check out the website otm.cnbc.com. i hope you'll follow me on twitter and google plus, look for me @mariabartiromo. >>> first, here's a look at the stories coming up in the week ahead that may move the markets and impact...
135
135
Feb 15, 2013
02/13
by
CNBC
tv
eye 135
favorite 0
quote 0
and the same story you were saying around the rest of the asian economies. so that translates into consumer goods and at the top end luxury brands. china is building 221 new cities from now to 2025. so there is a huge demand for the basic kind of commodities that is building roads, bridges, highways, motor base and so on and so forth. so i think there is a market for some of the dmodties there. and that, of course, is the asian profile in the region as the company size, as the family size is dwindling. so that, again, translates to demand for health products, lifestyle products and so on. so i think there is a lot of the positive area to look forward to in the region. >> andrew, we've been talking a lot, of course, about currency today with the g-20, as well. will currency have a factor to play on m&a? i'm presuming if your country is strengthening or weakening, that changes the economics quite a lot. >> yeah, sure. as i was saying in the beginning, the whole world is printing money. so certain currencies are -- especially the japanese yen on a down turn. an
and the same story you were saying around the rest of the asian economies. so that translates into consumer goods and at the top end luxury brands. china is building 221 new cities from now to 2025. so there is a huge demand for the basic kind of commodities that is building roads, bridges, highways, motor base and so on and so forth. so i think there is a market for some of the dmodties there. and that, of course, is the asian profile in the region as the company size, as the family size is...
83
83
Feb 11, 2013
02/13
by
CNBC
tv
eye 83
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. scalpel. clamp. glitter. [ male announcer ] staples has everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. even custom banners. >>> we all know the stock market is an endless capacity to surprise. and befuddle. even the most grizzled stock veteran like myself. we recognize that whenever we buy a stock, there's a good chance the investment just won't work out. but nobody likes to dwell on the idea that all we do is make mistakes. tough cookies. tonight i'm putting on my negative nancy hat. i'm going into the glass half empty mode and in the immortal words of joe e. brown in "some like it hot" nobody is perfect. why? maybe they think i'm a misanthrope. a stock sadist who is spreading despair and making people miserable? no, guess whose job that is? washington's. i do it because i want to help you compensate for your own fallibility to make sure that you're as prepared as possible caused by the slings an
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. scalpel. clamp. glitter. [ male announcer ] staples has everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. even custom banners. >>> we all know the stock market is an endless capacity to surprise. and befuddle. even the most grizzled stock veteran like myself. we recognize that whenever we buy a stock, there's...
230
230
Feb 15, 2013
02/13
by
CNBC
tv
eye 230
favorite 0
quote 0
bags in question, the tent city in question. people who had a room with an actual window were much happier. we interviewed some of those folks last night. it wasn't as hot or smelly in their room. they were probably on an upper deck, so depending on where you were on the boat, as always. 100 buses were waiting last night to either new orleans or to galveston, which is where the boat originally disembarked from. there's going be about a dozen charter flights today by delta to get everybody home. back to you guys. >> all right, mcc, thank you. we want to hear from you, if not on a cruise ship, where would you rather be stuck? what would a better place to be rather than on a cruise ship? >> how about right here at work? >> right here at work? >> filling in for andrew ross sorkin. >> filling in for andrew ross sorkin. it smells fine in here right now. you showered this morning? i did, too. it's friday. so i did, as well. it's underwear change day, shower day, everything else. >> once a week you shower? >> is that tmi? no, no. when w
bags in question, the tent city in question. people who had a room with an actual window were much happier. we interviewed some of those folks last night. it wasn't as hot or smelly in their room. they were probably on an upper deck, so depending on where you were on the boat, as always. 100 buses were waiting last night to either new orleans or to galveston, which is where the boat originally disembarked from. there's going be about a dozen charter flights today by delta to get everybody home....
245
245
Feb 2, 2013
02/13
by
CNBC
tv
eye 245
favorite 0
quote 0
the city has never looked better. and also on a jobs day i do want to note the unemployment rate in the city of new orleans right now is under 5%. so if anything could say they came back stronger, you could definitely say that about new orleans. although i will tell you that there are some pockets that still show the damaging effects of the storm 7 1/2 years later. >> well, okay. but it's still great news. and the low unemployment rate is great news. >> absolutely. >> now, i hate to do it to you, old buddy. but as you know, it's a very big part of the super bowl story. a lot of people are talking about it. has nothing directly to do with the super bowl. that's of course dan marino. he's part of the cbs team covering the game. has a love child. we learned that today. "the new york post" put the story on the front cover. i don't know if we have a picture of that or not. so i want to ask you, look, marino is a great hall of fame player. no question about that. what is this stuff going to mean? does it have any impact on
the city has never looked better. and also on a jobs day i do want to note the unemployment rate in the city of new orleans right now is under 5%. so if anything could say they came back stronger, you could definitely say that about new orleans. although i will tell you that there are some pockets that still show the damaging effects of the storm 7 1/2 years later. >> well, okay. but it's still great news. and the low unemployment rate is great news. >> absolutely. >> now, i...
192
192
Feb 15, 2013
02/13
by
CNBC
tv
eye 192
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. just like you. investor. yeah, ibut i'm a busy guy.or it used to be easier but now there are more choices than ever. i want to know exactly what i am investing in. i want to know exactly how much i'm paying. i want to use the same stuff the big guys use. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes poss
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you,...
164
164
Feb 21, 2013
02/13
by
CNBC
tv
eye 164
favorite 0
quote 0
thank you, ever, ever so much. >>> now the city of detroit hitting the skids again. jesse jackson jr. going to jail. one american ceo is really slamming the french. we have all those big stories coming up next. stay with us. scalpel. clamp. glitter. [ male announcer ] staples makes it easier to get everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. >>> the city of detroit in a financial emergency, it is a complete mess. now the question is, what are the next steps going to be to save this thing? kayla tausche has that story and more. good evening, kayla. >> good evening to you, larry. first up, rick snyder may soon turn the city over to an emergency manager. that manager could run the finances and try to find ways to save money, also the one to decide whether to take detroit into municipal bankruptcy. >>> and jesse jackson jr. is likely headed to prison. he pleaded guilty to misusing $750,000 of campaign funds. he bought himself a $43,000 rollex, as well as bruce lee and michael jackson memorabilia. h
thank you, ever, ever so much. >>> now the city of detroit hitting the skids again. jesse jackson jr. going to jail. one american ceo is really slamming the french. we have all those big stories coming up next. stay with us. scalpel. clamp. glitter. [ male announcer ] staples makes it easier to get everything your business needs. even custom banners. and now get 50% off banners and posters. staples. that was easy. >>> the city of detroit in a financial emergency, it is a...
41
41
Feb 20, 2013
02/13
by
CNBC
tv
eye 41
favorite 0
quote 0
remains one of the city's top picks. >> one of our favorites on the "street signs." where is herb when you need him? jc penney is soaring. does he have to live on that bet? no. >> here folks, listen up, some is something that i don't think has been reported yet. here you go. some wire services out there. not big ones. blogs and then the wire services, i think briefing.com picked up on it. research was out positive on jc penney and things that january same store sales may be flat. i did research. mosaic research in portland, oregon covers jc penney. i reached out to the founder. he said we haven't put out anything. we haven't put anything out, haven'ted a is word. it is hard to find anything. i forwarded him the blog. he said, he didn't know who that was. so maybe there is another mosaic. but michael from mosaic in portland said we haven't put out anything about jc penney. >> tread with caution. >>> going head to head with macy's, get this, marcia stewart. courtney reagan has been following this battle. what is going on? >> reporter: mandy, right now the lawyers for j
remains one of the city's top picks. >> one of our favorites on the "street signs." where is herb when you need him? jc penney is soaring. does he have to live on that bet? no. >> here folks, listen up, some is something that i don't think has been reported yet. here you go. some wire services out there. not big ones. blogs and then the wire services, i think briefing.com picked up on it. research was out positive on jc penney and things that january same store sales may...
596
596
Feb 13, 2013
02/13
by
CNBC
tv
eye 596
favorite 0
quote 0
the city says tickets for three-hour tours are nearly sold out and highlights include the giant egg-shaped receptacles. >> thanks for watching "street signs." history always repeats itself. "closing bell" is next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo here at the new york stock exchange. stocks mixed at this hour. the dow struggling to stay above the 14,000 level and the nasdaq modestly higher. >> just a reversal. >> i'm bill griffith. we'll see if the dow can rally back. we're at the lows of the day right now but also following these stories on today's ram. the ceo of dow component cisco will be with us. john chambers will join us moments after the company reports earnings. will the results move us closer or further away from a new high? plus a lot more to get into with the always outspoken john chambers. >> he's terrific and how is this for an odd couple. facebook founder and ceo mark zuckerberg having new jersey republican governor chris christie over to his house tonight. >> here's a clue. >> knew you would like that. >> serve lots of foo
the city says tickets for three-hour tours are nearly sold out and highlights include the giant egg-shaped receptacles. >> thanks for watching "street signs." history always repeats itself. "closing bell" is next. >>> hi, everybody. good afternoon. welcome to the "closing bell." i'm maria bartiromo here at the new york stock exchange. stocks mixed at this hour. the dow struggling to stay above the 14,000 level and the nasdaq modestly higher. >>...
143
143
Feb 8, 2013
02/13
by
CNBC
tv
eye 143
favorite 0
quote 0
on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been cancelled from yesterday, today and also for tomorrow as airlines try to get ahead of this storm. and, of course, there's an economic impact as well, but some economists have told me it could end up being a wash. you see people buying more ahead of the storm to stock you. we could see a whiteout shutting retailers down tomorrow, but at the end of the day it should be about equal. back over to you. >> jackie, thanks very much. let's check in on how the storm is affecting new york city itself. the weather channel's paul goodloe is there in times square. paul? >> well, here we've had a
on the ground the meantime new york city under a blizzard warning at the moment. forecasters saying that we can expect anywhere from 10 to 15 inches of snow, and as the day has progressed we have also seen travel disruptioned increase. we looked at amtrak recently. it has suspended its northbound regional lines and the acela service between boston and new york, and also looking at some of the flight cancellations. according to flightaware.com. the latest number, 4,630 flights have been...
47
47
Feb 4, 2013
02/13
by
CNBC
tv
eye 47
favorite 0
quote 0
streets were safe, restaurants were packed, people seemed to have great time but will it pack the city's desire to host again in 2018 in rothy goodell said today, i fully expect to be back here for super bowls and i hope we will be back. we want to be back. end quote. at least that is satisfied. >>> a sneaky corporate story. hundred dollar german software company. what are they doing in football? trying to get into the sports globery and u.s. providing the software platform for fantasy football. more than 30 million people play fantasy football. billions of dollars. keep an eye on sap. >> i'm shocked people had a good time in new orleans over the super bowl. >> yeah. breaking news. people having a good time in new orleans. >> bourbon street, beads -- >> and various other things. >> and baltimore's beat down. >> okay. let's's talk about the ads, right? so much more than just the sport. personally, i tuned in for the ads. overall feeling from our staff was a collective, meh. julia boorstin, who was the biggest winner in the ad world? >> the biggest winner wasn't an advertiser but social me
streets were safe, restaurants were packed, people seemed to have great time but will it pack the city's desire to host again in 2018 in rothy goodell said today, i fully expect to be back here for super bowls and i hope we will be back. we want to be back. end quote. at least that is satisfied. >>> a sneaky corporate story. hundred dollar german software company. what are they doing in football? trying to get into the sports globery and u.s. providing the software platform for fantasy...
97
97
Feb 8, 2013
02/13
by
CNBC
tv
eye 97
favorite 0
quote 0
mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy weather. >> that's right. barbie and ken of -- >> that's right. barbie and ken of "power lunch." first to the markets, we will put the storm aside for a couple of second. with today's gains, major averages wiped out losses for the week. that could of course change but if it does hold the s&p 500, the dow and nasdaq will have racked up gains in each of the first six weeks of 2013. bob pisani is down on the floor of the nyse. he did manage to get to the new york stock exchange exchange today. >> let me be blunt about it, sue, everybody at the new york stock exchange wants to go home.
mostly to the north of new york city. the latest on the storm path and at which sectors will be impacted the most. >>> first on cnbc, mattel meeting analyst. toy maker ceo will speak with us first on "power lunch" before he spokes with the street -- guess who's here? >> good to see you, ty. >> nice to see you. >> mother nature -- >> here at snowy cnbc headquarters. >> mother nature derailed my commute. but at least we are together in the snowy...
334
334
Feb 13, 2013
02/13
by
CNBC
tv
eye 334
favorite 0
quote 0
city's public schools. >> 96. is that the answer? >> [together] yes. >> even more impressive, canada's impact on middle schoolers, kids who enrolled in the promise academy in the sixth grade. they started out far behind grade level, but dr. fryer found that within three years, they had virtually eliminated the achievement gap in math and reduced it by nearly half in reading. >> these are kids that a lot of people had given up on. and he showed that it's never too late. >> does it change the way you look at the problem? >> it does, because here's an analogy. we're ten touchdowns down in the fourth quarter. we kick a field goal, and everyone celebrates, right? that's kind of useless. we're still 67 points down. >> you're still losing. >> we're not just losing. we're getting crushed. all right? what geoff canada has shown is that we can actually win the game. >> geoffrey canada may be winning, but he is nowhere near declaring victory. >> reversing the black-white achievement gap and then closing it in elementary scho
city's public schools. >> 96. is that the answer? >> [together] yes. >> even more impressive, canada's impact on middle schoolers, kids who enrolled in the promise academy in the sixth grade. they started out far behind grade level, but dr. fryer found that within three years, they had virtually eliminated the achievement gap in math and reduced it by nearly half in reading. >> these are kids that a lot of people had given up on. and he showed that it's never too late....
105
105
Feb 28, 2013
02/13
by
CNBC
tv
eye 105
favorite 0
quote 0
joining us now on the phone is tom delandcy, president of the borgata hotel casino in atlantic city. our panel is still with us. tom, thank you very much. is this going to save atlantic city? let's start there. they had a rough time. the casino business had a rough time. will online gambling save atlantic city? >> larry, i don't know atlantic city needs saving but online gaming is certainly going help. you know, we've lost some 40% of our gross gaming revenue over the last five years in atlantic city primarily to convenience gaming markets, you know. local casinos in pennsylvania and new york and delaware. so online gaming gives us the opportunity to really lead the way with what is the ultimate in convenience gaming. so we think it's a great opportunity and something that will help out. >> okay. look, i think this is a brave thing by christie myself. one of the big houses they just filed bankruptcy, a couple of gambling casinos were sold for peanuts. you do need something. i want to ask you how will this get that economy moving. in other words do you think people will move to atlant
joining us now on the phone is tom delandcy, president of the borgata hotel casino in atlantic city. our panel is still with us. tom, thank you very much. is this going to save atlantic city? let's start there. they had a rough time. the casino business had a rough time. will online gambling save atlantic city? >> larry, i don't know atlantic city needs saving but online gaming is certainly going help. you know, we've lost some 40% of our gross gaming revenue over the last five years in...
151
151
Feb 14, 2013
02/13
by
CNBC
tv
eye 151
favorite 0
quote 0
he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get insight, joining us on the cnbc newsline, jeff matthews author of "warren buffett's successor, who it is and why it matters." jeff good morning to you. >> good morning, nice to be here. >> let's talk about the brazil effect. i wonder if this marks a change of any, in any way to buffett's approach to m&a, to his operational playbook. >> well you know he's always been flexible. he likes to get what he wants at the end of the day. he has done deals with acadia like this, although not on this scale, so i think what it reflects is how highly he thinks of the 3g guys and how much they bring to the table here. there's a little bit unusual, it's a company that probably wouldn't run best by itself as it is. it's very international business, and very undermanaged i think in the big sense. >> when was the last time you remember him buying something where the s
he talks about the commitment to the city but now you're dealing with some brazilians that will get to know that city pretty well. someone calculated $491 million for each of the 57 varieties, if you want to divide it up that way. let's get insight, joining us on the cnbc newsline, jeff matthews author of "warren buffett's successor, who it is and why it matters." jeff good morning to you. >> good morning, nice to be here. >> let's talk about the brazil effect. i wonder if...
129
129
Feb 18, 2013
02/13
by
CNBC
tv
eye 129
favorite 0
quote 0
country, and he's trying to get dhl to at least donate the air park to the city. >> there's hurt. there's a sense of betrayal. >> "betrayal" is a strong word. >> dhl came in and made promises, and i don't think they lived up to their side of the bargain. that's the past. we can't dwell on that. we need to move forward. dhl, we hope, is going to help us with the air park. >> in the meantime, the sugartree ministry soup kitchen is expanding. >> we're actually building-- remodeling our room over here, adding 200 more seats. >> that would be about double what you're doing now. >> exactly, we should be able to feed about 350 people a day. >> you can talk about possible medical options. >> dhl workers in their meetings just heard that the state unemployment benefit fund went broke last week. the federal government rushed in with an emergency loan of $500 million just to keep the checks coming. the feds are also spending $4 million here to train workers in computer skills, but that doesn't mean there will be jobs. the laid-off workers are guaranteed access to health insurance for a year
country, and he's trying to get dhl to at least donate the air park to the city. >> there's hurt. there's a sense of betrayal. >> "betrayal" is a strong word. >> dhl came in and made promises, and i don't think they lived up to their side of the bargain. that's the past. we can't dwell on that. we need to move forward. dhl, we hope, is going to help us with the air park. >> in the meantime, the sugartree ministry soup kitchen is expanding. >> we're...
104
104
Feb 25, 2013
02/13
by
CNBC
tv
eye 104
favorite 0
quote 0
the ap we are concerned because it can create misperceptions about the safety of the city. by the way, caesar way up ahead of earnings. as las vegas is recovering, in 2012, getting back close to 40 million visitors. the number of conventions and meetings up nearly 14%. clark county commissioners are considering cameras. there is a heavy presence in visible and visible. on twitter people are telling me, just got back friday, had a great week. didn't in the much different in the vibe, to be honest. another, i just got back friday and i would go again. i would go tomorrow, no problem. ibm will have 6,000 people there and the international conference of funeral service examining boards meeting. back to you. >> i went last fall, as you maybe remember, jane, o to the national funeral director's. it is wild. now planning 42-acre bay view campus. more than a million square feet in all. meanwhile, over in cooper tie o cupertino, apple will build a campus nearly 3 million square feet. there is the artist design, resembling a space ship. look at that. looks like stone hinge, sort of.
the ap we are concerned because it can create misperceptions about the safety of the city. by the way, caesar way up ahead of earnings. as las vegas is recovering, in 2012, getting back close to 40 million visitors. the number of conventions and meetings up nearly 14%. clark county commissioners are considering cameras. there is a heavy presence in visible and visible. on twitter people are telling me, just got back friday, had a great week. didn't in the much different in the vibe, to be...
154
154
Feb 13, 2013
02/13
by
CNBC
tv
eye 154
favorite 0
quote 0
triumph won't be port here until sometime tomorrow afternoon whmp day rivals the city of mobile will have medical personnel on hand to take care of any passengers or crew members that may need care as they come off of that ship. at least one person has been removed. someone with a pre-existing health problem over concerns for that. that was during a time when another carnival ship delivered food. what passengers will tell you still not enough food, the lines to get the food, three, three and a half hours, that the stench from the problem with the sewage is inescapable and overwhelming. many have pulled mattresses into hallways or up on to the deck to try and sleep. there's no air conditioning, so it's described as a horrific scene on that ship. you talked about the financial hit that's going to hit this company. they are saying that it would be as much as $80 million when this is all said and done, a tough go both on the financial side and the physical side as the ship inches its way towards shore here. >> thank you so much. families and friends of cruise passengers desperately tryin
triumph won't be port here until sometime tomorrow afternoon whmp day rivals the city of mobile will have medical personnel on hand to take care of any passengers or crew members that may need care as they come off of that ship. at least one person has been removed. someone with a pre-existing health problem over concerns for that. that was during a time when another carnival ship delivered food. what passengers will tell you still not enough food, the lines to get the food, three, three and a...
154
154
Feb 20, 2013
02/13
by
CNBC
tv
eye 154
favorite 0
quote 0
kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it actually benefit me? >> we believe so. we believe that stronger corporate governance is best for the long-term share value, and it could -- it could possibly prevent a kind of loss like what we saw with the london whale. $6 billion is a lot. even at the beginning of it, when it first came to light, the -- jamie in this case characterize it had as a $2 billion loss and originally called it a teachest in a teapot. obviously there are -- there are different objectives that management and investors have. the board represents investors. those interests are not always aligned with management which is why, again,
kind of helped that on our shareholder resolution. >> you're the new york city comptroller. you can pick up the phone and have the direct dial to jamie dimon, i'm sure. have you had that conversation? >> they weren't interesting in entertaining the proposal so we have to go the shareholder route at the annual board meeting. >> jumping in here mandy drury from the mother ship. if i were the shareholder in swr pm, what would a potential split like that mean for me? would it...
563
563
Feb 25, 2013
02/13
by
CNBC
tv
eye 563
favorite 0
quote 0
we have a live report coming up on a violent crime wave there and if it's eating into the city's bottom line when it comes to the very-important tourist trading. that's later on "the closing bell." [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart attack. that's health in numbers. unitedhealthcare. >>> welcome back. if you're just joining us, markets are seeing a selloff as we go into the final minutes of the trade here. dow down 132 points. the s&p back below 1500 for the first time in a little while. problems in washington and overseas, though, are not bothering one of our next guests. sam stoval. >> welcome, friend. liz ann sanders of charles schwab. welcome back
we have a live report coming up on a violent crime wave there and if it's eating into the city's bottom line when it comes to the very-important tourist trading. that's later on "the closing bell." [ male announcer ] any technology not moving forward is moving backward. [ engine turns over, tires squeal ] and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. i've always kept my eye on her... but with so much health...
320
320
Feb 1, 2013
02/13
by
CNBC
tv
eye 320
favorite 0
quote 0
how much is it worth to the host city? >> well, it's been estimated at anywhere $400 million to $600 million in terms of revenue that's generated. i think like here in new orleans i think they're over 5,000 media people here, alone. but you'll have more than twice as many people. i mean, if your stadium holds 75,000, you'll probably have 150,000 people in the city during that same period of time. but it's big, and the publicity you generate is just magnificent for the host city. >> is there money to be made for the -- but a lot of money goes to the league, i would think, right? how much of it does actually go to the team? >> andrew, most of it -- virtually all of it goes to the league. the team makes a little bit, not much. that's not tivation. the motivation is what it does for your city and for your fan base. it does help the local team in terms of generating support, sponsors view your brand as being stronger, and it's easier to sell sweets if you've got a super bowl coming up. so, there's some indirect benefits. but, d
how much is it worth to the host city? >> well, it's been estimated at anywhere $400 million to $600 million in terms of revenue that's generated. i think like here in new orleans i think they're over 5,000 media people here, alone. but you'll have more than twice as many people. i mean, if your stadium holds 75,000, you'll probably have 150,000 people in the city during that same period of time. but it's big, and the publicity you generate is just magnificent for the host city. >>...
84
84
Feb 7, 2013
02/13
by
CNBC
tv
eye 84
favorite 0
quote 0
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is all about if that storm slows down, that's when we could take this number and push it back up. so that's the timing. again, timing on that is if the storm slows down into the sudden daytime frame and that means the tail end of the storm, rock land, rochester, put numb, that's when it goes up and up. you already have two feet, what's another foot, right? but with sizeable snow versus a damaging crippling snow, in terms of infrastructure, new york city is still on that time line. you will gome snow but the bull aeye that we have nailed down, we are
as the world outside of the new york city area. that said, what are risks. i'm looking at national weather service. wlart risks that this gets up high, upgraded into the new york city area. is there a chance we get absolutely dumb 7abs dumped on here? >> well, we see six inches. six inches is somewhat doable in new york city. at 12 and above, that's when things bog down. i even heard mayor bloomberg talk about this before. this is happening on a friday. the bulk of it on friday. but it is...
179
179
Feb 20, 2013
02/13
by
CNBC
tv
eye 179
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> time for the power rundown. joining us is suze orman from the suze orman show on cnbc. great for you to spend time with us today. >> thanks, tyler. >> a minute 15, buck and a half, whatever you want. go for it. i know this is an area of interest and concern to you, a trillion dollars worth in outstanding loans at high interest rates for student loans. >> and this is what is sad. kids haven't been educated on what it means to take out student loans. they take more than they can afford to pay back. student loans are not dischargeable in bankruptcy. what is really getting bad is because after the credit crunch you couldn't get a private student loan. let's say you maxed out on federal loans and you needed more money, parent have been co-signing -- >> private. >> private student loans. biggest mistake, bar none. >> why? >> because there is no cap on interest rates. they have go to whatever they want to go. again, not dischargeable in bankruptcy. if students die be th
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. >>> time for the power rundown. joining us is suze orman from the suze orman show on cnbc. great for you to spend time with us today. >> thanks, tyler. >> a minute 15, buck and a half, whatever you want. go for it. i know this is an area of interest and concern to you, a trillion dollars worth in outstanding loans at high interest rates for student loans. >>...
234
234
Feb 6, 2013
02/13
by
CNBC
tv
eye 234
favorite 0
quote 0
. >> caller: a big booyah from the windy city. i love your show. long time fan. >> i appreciate it. >> caller: the company is huntsman, h u.n. >> go with georgia gulf. buy, buy, buy. go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> @jimcramer on twitter, because i didn't fall in love with this stock, a lot of people despise me. i know people are in love with it. i am not in love with it. be but let's go to carl in arkansas. >> caller: greetings from arkansas. i am thinking of picking up a bank stock, your thoughts of new york community bank. >> the yield is so much higher than all the others, i will send you to keen. i don't know, it is a nice gain. i prefer key. i like the safety. that, ladies and gentlemen, is the conclusion of the lightning round! >>> ina bull market, it is easier to pick stock that can go higher. this is what a bull market looks like. what is more lucrative is picking stocks that go higher. we have stocks like allergan, it makes real medicine, a leading player in the eye care busi
. >> caller: a big booyah from the windy city. i love your show. long time fan. >> i appreciate it. >> caller: the company is huntsman, h u.n. >> go with georgia gulf. buy, buy, buy. go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> @jimcramer on twitter, because i didn't fall in love with this stock, a lot of people despise me. i know people are in love with it. i am not in love with it. be but let's go to carl...
147
147
Feb 6, 2013
02/13
by
CNBC
tv
eye 147
favorite 0
quote 0
city and b of a have not performed well, even going back before the crisis, trading at significant discounts to tangible book value. so where the government could play a positive role is getting more information out to investors so they can decide maybe the economically best solution for this is a market-driven breakup, but right now it's very difficult again the inadequate disclosures to see how profitable each business line is because the mega banks don't allocate their capital expenses according to their business line. so i think the government has probably not looked at that as much as they should, and we need to get market information out. i think the market can provide a much faster solution than government, but you're right. they are still continuing interest in congress on some type of size limit or breakup proposal. >> i guess, isn't it difficult to see a different, you know, setup in europe than the u.s.? i mean, do we need a global standard? >> yeah. >> is it even logical to think that we have one standard across the world? >> well, i think that would be years in the making, and t
city and b of a have not performed well, even going back before the crisis, trading at significant discounts to tangible book value. so where the government could play a positive role is getting more information out to investors so they can decide maybe the economically best solution for this is a market-driven breakup, but right now it's very difficult again the inadequate disclosures to see how profitable each business line is because the mega banks don't allocate their capital expenses...
40
40
Feb 27, 2013
02/13
by
CNBC
tv
eye 40
favorite 0
quote 0
can on-line gaming in the garden state ris rekt atlantic city? facing competitor in d.c. and baltimore but the promise of on-line gaming should keep operators in atlantic city because they expect to pay off within five to ten years. >> you've got new jersey, the their state to legalize on-line gambling. who is the fourth state, fifth state and so on? >> that's good question. i think what you will see is because nevada and new jersey, this according to the people i spoke to, already have, you know, pretty strict regulations in line or in house, to regulate brick and mortar casinos, other states might partner with them. basically direct -- and there could be revenue sharing agreement. that's what you might see going down the road. >> got it. we should also mention as well, right, mary, this could be a huge win for zynga what ch has almost 40 million on-line poker players. i do believe the stock is moving up. currently up by 4.7%. thank you very much, mary. >> welcome. >> rally is marching on, folks. we are looking for bargain retail stocks to get in on, cat walk cake walk.
can on-line gaming in the garden state ris rekt atlantic city? facing competitor in d.c. and baltimore but the promise of on-line gaming should keep operators in atlantic city because they expect to pay off within five to ten years. >> you've got new jersey, the their state to legalize on-line gambling. who is the fourth state, fifth state and so on? >> that's good question. i think what you will see is because nevada and new jersey, this according to the people i spoke to, already...
116
116
Feb 22, 2013
02/13
by
CNBC
tv
eye 116
favorite 0
quote 0
the new york city streets are horrible. >> you are so mean and cruel. >> but it's not just the maintenance of the current bridges and roads it's the need to build new bridges and roads, for example. the bridge or tunnel to connect new york and new jersey. >> david, here's the thing, what is the relationship between -- all right there's always going problems. keith is right. there's bad roads in new jersey and some in new york. how do we know what the spending should be and why should it all be federal spending. where is the state spending. where is the privatization. where is the toll booth spending you have for private companies the way they have it in indiana and some other highway states? >> well we have increased the toll booth spending over the last few years but still a relatively small share of the total. the feds contribute about a third. the states contribute about two-thirds of the total so most of the money comes from state gasoline taxes and other fees that the states impose. so together all of those contribute to the system that we now have. the upper level system, those the i
the new york city streets are horrible. >> you are so mean and cruel. >> but it's not just the maintenance of the current bridges and roads it's the need to build new bridges and roads, for example. the bridge or tunnel to connect new york and new jersey. >> david, here's the thing, what is the relationship between -- all right there's always going problems. keith is right. there's bad roads in new jersey and some in new york. how do we know what the spending should be and why...
133
133
Feb 1, 2013
02/13
by
CNBC
tv
eye 133
favorite 0
quote 0
you heard the other day rahm emanuel said basically the chicago city workers, the chicago public unions are all going to be put into the health insurance exchanges. that is the way chicago is going to get out of whatever it is, its $8 billion unfunded liability. if he does it, then cities and states all across the country are going to dump their union employees right into the health insurance exchange and that is going to break the bank completely. >> that's exactly right. and that's exactly what they're asking in this provision now with these jointly run employer union plans. we want to be able to send our employees to these exchanges. the law is already costing 2.6 trillion over ten years. what would that do? and then who's to say that it's -- of course you couldn't just limit it to union employees. anybody who has a job should then be able to get coverage. >> but the idea of putting these government union workers into the exchange was not -- as far as i know, was not ever really expected. i mean, phil, this is a new twist. for rahm emanuel -- maybe it's very clever. get out from unde
you heard the other day rahm emanuel said basically the chicago city workers, the chicago public unions are all going to be put into the health insurance exchanges. that is the way chicago is going to get out of whatever it is, its $8 billion unfunded liability. if he does it, then cities and states all across the country are going to dump their union employees right into the health insurance exchange and that is going to break the bank completely. >> that's exactly right. and that's...
210
210
Feb 13, 2013
02/13
by
CNBC
tv
eye 210
favorite 0
quote 0
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving in with his parents and selling bootleg dvds out of the back of a van. dude, that's your life. remember, aflac will give him cash to help cover his rent, car payments and keep everything as normal as possible. i see lunch. [ monitor beeping ] let's move on. [ male announcer ] find out what a hospital stay could really cost you at aflac.com. >>> >>> does the president want to knock them around from one side of the chamber to the other? joining us now howard feinman and kate overshane. kate centerist? >> i think we are going to see hyper partisan but i think he is going to ratchet it up a couple of notches. i think they are going to say they will take food out of the moumgs of babies. it will be the same republicans hate the middle class. >> with a 1.5
some of the world's cleanest gas turbines are now powering some of america's biggest cities. siemens. answers. a hairline fracture to the mandible and contusions to the metacarpus. what do you see? um, i see a duck. be more specific. i see the aflac duck. i see the aflac duck out of work and not making any money. i see him moving in with his parents and selling bootleg dvds out of the back of a van. dude, that's your life. remember, aflac will give him cash to help cover his rent, car payments...
92
92
Feb 18, 2013
02/13
by
CNBC
tv
eye 92
favorite 0
quote 0
. >> in the early part of the 20th century, the streets of new york and other large cities were lined with gaming establishments called bucket shops, where people could place wagers on whether the price of stocks would go up or down without actually buying them. this unfettered speculation contributed to the panic and stock market crash of 1907, and state laws all over the country were enacted to ban them. >> big headlines, huge type. this is the front page of the new york times. >> "no bucket shops for new law to hit." >> so they'd already closed up, 'cause the law was coming. here's a picture of one of them. and they were like parlors. see? >> betting parlors. >> betting parlors, yeah. >> it was a felony. well, it was a felony when a law came into effect, because it had brought down the market in 1907. and they said, "we're not gonna let this happen again." and then 100 years later in 2000, we rolled them all back. >> a bill to reauthorize and amend the commodity exchange act to promote... >> the vehicle for doing this was an obscure but critical piece of federal legislation called
. >> in the early part of the 20th century, the streets of new york and other large cities were lined with gaming establishments called bucket shops, where people could place wagers on whether the price of stocks would go up or down without actually buying them. this unfettered speculation contributed to the panic and stock market crash of 1907, and state laws all over the country were enacted to ban them. >> big headlines, huge type. this is the front page of the new york times....
50
50
Feb 21, 2013
02/13
by
CNBC
tv
eye 50
favorite 0
quote 0
there will be the top ten snow of all time, easily. lincoln is to the northwest of kansas city. here you go, you can can see the snow coming down. at times, at times, three to five inches an hour. that is an instain snow fall rate. as one point snowing heavily from kansas off to missouri. you are talking several hundred miles in through here. so now here it is in lincoln, the good news is, there is some dryer air coming into the storm now. and that may, at least, hold down for us some of the snow totals. but the damage is done. you can see the roads are very, very greasy. what i call almost a cookie dough mixture of salt, snow and stand itself. there were a mad dash of people heading home. we are very, very hoppy to see that. visibility has been coming up. we've been watching the entrance ramp to i-80 that you couldn't see a a little while ago. a far-reaching storm as you said, and one with severe weather with it along the gulf coast. back to you. >> you stay safe, jaim, thank you very much. >> you got, breerj. >> will that storm impact energy prices. crude oil with the worst st
there will be the top ten snow of all time, easily. lincoln is to the northwest of kansas city. here you go, you can can see the snow coming down. at times, at times, three to five inches an hour. that is an instain snow fall rate. as one point snowing heavily from kansas off to missouri. you are talking several hundred miles in through here. so now here it is in lincoln, the good news is, there is some dryer air coming into the storm now. and that may, at least, hold down for us some of the...
224
224
Feb 5, 2013
02/13
by
CNBC
tv
eye 224
favorite 0
quote 0
the windy city. long time fan. >> i appreciate it. >> caller: h u.n. >> buy, buy, buy. >> go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> at jim cramer on twitter, because i didn't fall in love with this sto, a lot of people despise me. i know people are in love with it. i am not in love with it. carl in arkansas. >> caller: greetings from arkansas. i am thinking of picking up a bank stock, your thoughts of new york community bank. >> it is so much higher than all the others, i will send you to keen. i don't know, it is a nice gain. i prefer key. i like the safety. that, ladies and gentlemen, is the conclusion of the lightning round! >>> coming up, allergra catapulted in 2013. botox smoothed out wrinkles for their results. are shares heading high sner cramer talks to the ceo, just ahead. [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars
the windy city. long time fan. >> i appreciate it. >> caller: h u.n. >> buy, buy, buy. >> go to john in florida. >> caller: jim, i would like your latest take on arena pharmaceutical. >> at jim cramer on twitter, because i didn't fall in love with this sto, a lot of people despise me. i know people are in love with it. i am not in love with it. carl in arkansas. >> caller: greetings from arkansas. i am thinking of picking up a bank stock, your thoughts...
145
145
Feb 21, 2013
02/13
by
CNBC
tv
eye 145
favorite 0
quote 0
citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800 number as a tell as to whether or not we are going to slide further. more market reaction, bring in the president of platinum partners to talk about where we are, ari landers. welcome back. >> thanks. >> don't need to tell you how many things appeared to pile up against the bulls heart past 48 hours. much ado about nothing or not? >> not much ado about nothing. all the data this morning, which is nice, clearly the fed minutes were the most important thing. bernanke has been back stopping this market for months. if things are goin
citi down 3% that the hour. look at the nasdaq, like in yesterday's selloff, the nasdaq felt the most pressure, seeing big cap technology under the most pressure again today. got microsoft, intel, apple amongst some of the biggest losers here, google holding onto its gains off the back of the two, price target rates from clsa, as well as bernstein, $1,000 a share. google surprising, up 1%. technology overall again weak. >> people may be looking for things like a going toll hold that 800...
129
129
Feb 7, 2013
02/13
by
CNBC
tv
eye 129
favorite 0
quote 0
. >> the point that's valid is we are big city folk. in the smaller, rural parts of the country and you can speak to the congressmen representing the districts the post office is the central meeting place. i have never been to these places. there is something going on there. i respect that. >> if you go on a listening tour. >> i should. >> you're making the right point. this point will come up later with the military. it's so widely distributed. everybody has an impact on this. we do live in big cities but people in kansas don't have the same relationship. >> shouldn't have to pay for that. >> you can't have everything you want in life. i have a number. $47 trillion. do you know what $47 trillion is? from the cbo, congressional budget office, that's u.s. federal spending for the next ten years. $47 trillion. okay? can we agree that's a big number? now the post office will add to that number. i think we should be subtracting from that number. i don't care what sentimentality or who claire mchaskill is. she shouldn't have run the race. sh
. >> the point that's valid is we are big city folk. in the smaller, rural parts of the country and you can speak to the congressmen representing the districts the post office is the central meeting place. i have never been to these places. there is something going on there. i respect that. >> if you go on a listening tour. >> i should. >> you're making the right point. this point will come up later with the military. it's so widely distributed. everybody has an impact...
578
578
Feb 20, 2013
02/13
by
CNBC
tv
eye 578
favorite 0
quote 0
the man leading the charge, new york city comptroller john lear. >> how things are doing midday when the minutes of the fed's recent meeting eyeing the punch bowl. that spooked the market. the selling is intensifying when commod dids have been down sharply. dow down 76 the low of the special. down to 13,959. the nasdaq down over a percent, about 35 points at 3178. that was a 12-year high yesterday. and the s&p is back below 1525, a number a lot of traders keeping an eye on. down 14 points at 1516. will we see long-await all-time highs later this week? he asks. where did that come from. today's closing bell exchange, my old friend, kenny, and bob pisani joining us as well. frank, you're a big technical analyst and watched the charts and worried about market going higher as a lot of people. is this the beginning of a sell-off here, do you think? >> bell, actually i think your question is extremely well-timed. if you look at the s&p over the last few months, we've traced out a large rising wedge formation which is a five-wave structure, and that's a bearish distribution pattern. now ove
the man leading the charge, new york city comptroller john lear. >> how things are doing midday when the minutes of the fed's recent meeting eyeing the punch bowl. that spooked the market. the selling is intensifying when commod dids have been down sharply. dow down 76 the low of the special. down to 13,959. the nasdaq down over a percent, about 35 points at 3178. that was a 12-year high yesterday. and the s&p is back below 1525, a number a lot of traders keeping an eye on. down 14...
199
199
Feb 5, 2013
02/13
by
CNBC
tv
eye 199
favorite 0
quote 0
if they didn't get it in 2018 it would be bad for the city. you like solyndra meets beyonce. >> esiason said -- >> he's a great reporter. he won a pulitzer, right? >> mvp. boomer says there was a weird buzzing sound after beyonce finished. can you tell the audience what that was all about? >> all i can say is it takes a tremendous amount of energy to do what she did in terms of electricity. then it stops and the second half started and there was a play and all of the sudden it went dancrk. there is a chance they continued to suck in the energy, they didn't e need it and it needed to go somewhere. >> if they find out, they won't tell us. >> they might have to. some agencies may be involved in this. >> they may have lost 2018. >> they may have. >> thank you very much. >>> now, remember when democrats used to be afraid to admit they want to raise your taxes? president obama and the democrats don't seem to have a care in the world. they are all admitting the truth. is that a great idea politically? another tax hike. how about the economy? next up
if they didn't get it in 2018 it would be bad for the city. you like solyndra meets beyonce. >> esiason said -- >> he's a great reporter. he won a pulitzer, right? >> mvp. boomer says there was a weird buzzing sound after beyonce finished. can you tell the audience what that was all about? >> all i can say is it takes a tremendous amount of energy to do what she did in terms of electricity. then it stops and the second half started and there was a play and all of the...
172
172
Feb 28, 2013
02/13
by
CNBC
tv
eye 172
favorite 0
quote 0
impact would be -- it would have a major impact on the city, especially at the top. what does it mean for the banks? what does it mean for the potential returns when you look at comp and return on investment for, you know, return investment capital for some of these financial names? >> look, if you're freezing pay bonuses at one times salary, which for the investment bank is quite a dramatic change, what will the reaction be? obviously, a lot of people leaving banks or you'll see -- which i suspect you'll also get an awful lot of complex pay deals coming up. >> that, too. >> and there's a lot of ways to try and get around it. >> credit suisse and some are trying to pay with derivatives. there may be different kinds of comp. but if you're talking about the best and the most talented, you could argue about that in the banking sector always. but those employees, if they're basically looking at this saying, i can go to singapore, hong kong, new york and get my traditional bonus structure that i want, why wouldn't they do that? >> or what you might get is a lot of people
impact would be -- it would have a major impact on the city, especially at the top. what does it mean for the banks? what does it mean for the potential returns when you look at comp and return on investment for, you know, return investment capital for some of these financial names? >> look, if you're freezing pay bonuses at one times salary, which for the investment bank is quite a dramatic change, what will the reaction be? obviously, a lot of people leaving banks or you'll see -- which...
161
161
Feb 11, 2013
02/13
by
CNBC
tv
eye 161
favorite 0
quote 0
it's been quite a day here at the vatican. of course we haven't seen this as you said in about 700 years now. the last pope that resigned or rather abdicated, let's say, was in 1294. it was the fifth. now back then it was called the great refusal by him. this time pope benedict xvi said well, i am stepping down. i just can't take it anymore. the tasks of the pontiff is just too much for me. i'm letting a younger pope take over and bring it on for the 1.2 billion catholics worldwide. certainly this was unexpected. he said he was tired, but nobody thought or expected that it would come down to step down as a matter of fact. >> thank you very much for that. we're going to talk more about that. and i'm sure it's been quite a day there in vatican city. also putting italy front and center for two important elections coming up. the presidential election due out at the end of the month. fernando napolitano is with me. he is holding a summit today in new york focussed on investing in italian companies. fernando, good to have you on the
it's been quite a day here at the vatican. of course we haven't seen this as you said in about 700 years now. the last pope that resigned or rather abdicated, let's say, was in 1294. it was the fifth. now back then it was called the great refusal by him. this time pope benedict xvi said well, i am stepping down. i just can't take it anymore. the tasks of the pontiff is just too much for me. i'm letting a younger pope take over and bring it on for the 1.2 billion catholics worldwide. certainly...
95
95
Feb 12, 2013
02/13
by
CNBC
tv
eye 95
favorite 0
quote 0
after surviving the collapse of the american consumer, "sin city" sure hopes it doesn't see a pullback in gamblers from across the pacific. las vegas has had a run of bad luck but don't tell the chinese. >> why did you come to las vegas for the chinese new year. >> for good luck. >> more than 4,000 mainland chinese nationals hitting "sin city" to celebrate the year of the snake. rgc economics says the typical budget could reach $100 grand including $500 a plate dinners. >> nothing better than caviar. >> competing for business every major gaming company, las vegas grand, ses arrest, mgm, calls it an arm's race to land the big whales. >> why here? >> vfter volume should be up 20% this year. some will spend hundreds of thousands of dollars per hand for baccarabaccarat. >> high-end gaming business, a third or more of our entire profitability. >> relatively new to this is cosmopolitan owned by deutsche bank, a high-end salon aimed at asian gamblers a little over a year ago. >> our revenues have been 25% over what our projections were when we went to build it. the international visitors spen
after surviving the collapse of the american consumer, "sin city" sure hopes it doesn't see a pullback in gamblers from across the pacific. las vegas has had a run of bad luck but don't tell the chinese. >> why did you come to las vegas for the chinese new year. >> for good luck. >> more than 4,000 mainland chinese nationals hitting "sin city" to celebrate the year of the snake. rgc economics says the typical budget could reach $100 grand including $500 a...
139
139
Feb 1, 2013
02/13
by
CNBC
tv
eye 139
favorite 0
quote 0
when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody said is the kochiest thing he could have possibly done. >> i've seen it. a friend of mine directed it. and, yeah, timing is great. it's also actually a great history of new york, and also, of this incredible man. >> grand central turns 100 today. an institution, a building that nearly went away, and could have gone away under his administration. he saved that. his inscription is going to have danny pearl's final words, my father was jewish, my mother was jewish, i am jewish. he will be missed. the biggest ipo since facebook, pfizer taking its animal business public today. al
when he came into the office in '78, the city was at or near its nader. i can remember it well at that time, of course. and we did grow a great deal under his mayorality. not without some scandal, but certainly with a great deal of enthusiasm. in many ways he brought the spirit back and made you feel good about being a new yorker. which is not easy to do, when you had lived through the '70s. >> he passes on a day where a new biography, a film biography of him opens. something somebody...
154
154
Feb 25, 2013
02/13
by
CNBC
tv
eye 154
favorite 0
quote 0
real estate was under pressure after the city government imposed higher loans. the kospi ended weaker by 0.5%. australia's asx 200 moved back towards its 4 1/2 year high gaining 0.8%. as we had the strong gains in retail and financial stocks. india's sensex are trading higher by about 0.25%. back to you. all right. thanks for that, sixuan. catch you later. >>> still to come on the program will be adam barcelona. taking a look at the hottest trends in the space, find out what the ceo of deutsche has to say about the challenges of taking on the american market. kelly is there. she'll join us in just a few moments. >>> the mobile world congress is under way in barcelona. there's a new hand set based on its firefox web browser for mozilla. the reason i'm on my own is because kelly is there getting all mobile and wired and super fast. hi, kel. >> ross, it is great to see you guys out here in barcelona. i wish i could say the weather is a little warmer. it's surprisingly chilly here. and the chilly economic environment across europe also having an impact. some of the
real estate was under pressure after the city government imposed higher loans. the kospi ended weaker by 0.5%. australia's asx 200 moved back towards its 4 1/2 year high gaining 0.8%. as we had the strong gains in retail and financial stocks. india's sensex are trading higher by about 0.25%. back to you. all right. thanks for that, sixuan. catch you later. >>> still to come on the program will be adam barcelona. taking a look at the hottest trends in the space, find out what the ceo of...
168
168
Feb 9, 2013
02/13
by
CNBC
tv
eye 168
favorite 0
quote 0
another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes for an extended period of time. that's the very latest here in boston. i'm jay gray, nbc news. now back to you. >> all right. many thanks to jay gray. we appreciate it. >>> now, the president might have some senate democrats on his side as they scramble to find replacement cuts for the march 1st across the board sequester. but according to the latest from ace pollster scott rasmussen, only 36% of likely voters think oklahoma should find a way to stop the automatic cuts from going into effect. scott rasmussen, founder and president of rusmussen report joined me. scott as always welcome b
another big concern especially in some of the areas outside of the city is a loss of power. these winds are going to get to hurricane strength in some areas, and that's going to threaten the power lines. now, over the last day or day and a half, we've obviously seen a run on all of the hardware and home improvement stores in this area. but also the grocery stores. people getting the food they need to sustain themselves for several days, saying they realize they will probably be in their homes...